Xponential Fitness (NYSE:XPOF – Free Report) had its target price raised by Guggenheim from $18.00 to $20.00 in a research note released on Tuesday morning, Benzinga reports. They currently have a buy rating on the stock.
A number of other equities analysts have also commented on XPOF. Roth Mkm assumed coverage on Xponential Fitness in a research note on Monday. They issued a buy rating and a $22.00 price objective on the stock. Piper Sandler dropped their price target on Xponential Fitness from $12.00 to $9.00 and set a neutral rating on the stock in a research report on Monday, May 13th. Bank of America increased their price objective on Xponential Fitness from $13.00 to $15.50 and gave the stock a neutral rating in a report on Wednesday, March 13th. Citigroup lowered their price target on Xponential Fitness from $23.00 to $21.00 and set a buy rating on the stock in a report on Monday, March 4th. Finally, B. Riley increased their price objective on Xponential Fitness from $28.00 to $31.00 and gave the company a buy rating in a research report on Friday, May 3rd. Three investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of $21.05.
Get Our Latest Analysis on Xponential Fitness
Xponential Fitness Stock Performance
XPOF opened at $15.05 on Tuesday. The firm’s 50-day simple moving average is $11.39 and its 200-day simple moving average is $12.07. The firm has a market cap of $723.45 million, a price-to-earnings ratio of -26.40 and a beta of 1.04. Xponential Fitness has a twelve month low of $7.40 and a twelve month high of $28.19.
Xponential Fitness (NYSE:XPOF – Get Free Report) last posted its earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Xponential Fitness had a negative return on equity of 7.65% and a net margin of 1.90%. The business had revenue of $79.52 million for the quarter, compared to the consensus estimate of $78.77 million. During the same period in the previous year, the company posted ($0.02) earnings per share. Xponential Fitness’s revenue for the quarter was up 12.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Xponential Fitness will post 0.75 EPS for the current fiscal year.
Institutional Trading of Xponential Fitness
Large investors have recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. purchased a new position in Xponential Fitness in the fourth quarter valued at about $143,000. Quest Partners LLC acquired a new position in shares of Xponential Fitness in the 4th quarter valued at $174,000. Versor Investments LP acquired a new position in shares of Xponential Fitness during the 4th quarter valued at $240,000. Harbor Capital Advisors Inc. lifted its holdings in shares of Xponential Fitness by 63.8% during the 4th quarter. Harbor Capital Advisors Inc. now owns 19,521 shares of the company’s stock valued at $252,000 after acquiring an additional 7,605 shares in the last quarter. Finally, Principal Financial Group Inc. acquired a new position in Xponential Fitness in the 1st quarter worth $278,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.
About Xponential Fitness
Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.
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